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48 Ocean Street, Belfast, ME, 04915

4beds
3baths
2,100sqft
$1,950,000
$929price/sqft
$13,248/moest. monthly cost
$529,920/yrincome needed

About This Home

Waterfront and walkable, this turnkey coastal gem sits at the end of a quiet dead-end street, with sandy beachfront, sweeping bay views, and a stroll to downtown Belfast. Cafés, pubs, shops, the movie theater, harbor, and City Park, with tennis courts, pickleball, and an open-air pool, are all close by. Meticulously maintained and selling fully furnished, this 4-bedroom, 2.5-bath home has a warm, modern coastal feel and light-filled interiors. The open living and dining area features vaulted ceilings and opens to an expansive deck with panoramic ocean views, perfect for outdoor dining, morning coffee, or evenings by the water. The ground-floor primary suite enjoys those same views, along with French doors opening to the deck. The spacious walk-out basement, with more French doors opening to the lawn and ocean views beyond, adds highly usable bonus space to the home. Ideal for everything from a games room or fitness area to the practical realities of waterfront living, it offers plenty of room for kayaks, paddleboards, and the gear that helps make the most of the shoreline setting. Thoughtful touches and quality systems support effortless coastal living, with radiant floor heating, a whole-house generator, new heat pumps upstairs, and a recently engineered seawall. Whether used as a year-round residence, seasonal retreat, or income-producing property, the home offers comfort and ease. Currently one of Belfast's top-performing Airbnb properties, it has a strong record of repeat guests. Buyers seeking full owner occupancy may close after October 12. Those looking to enjoy the property sooner can still make personal use of the home throughout the summer while benefiting from rental income. A versatile waterfront property in one of Belfast's most treasured settings, positioned for morning swims, sunset cocktails, and small-town coastal life within walking distance of downtown.

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

4/10
6/10
Belfast Area High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 2017

Materials

  • Foundation: Poured Concrete
  • Roof: Shingle
  • Construction materials: Wood Frame,Shingle Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Gas Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Walk-Out Access,Full

Bedroom1

  • Features: Full Bath,Laundry/Laundry Hook-up,Walk-In Closet(s)
  • Level: First

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • 1st Floor Primary Bedroom w/Bath
  • Flooring: Carpet,Tile,Wood,Ceramic Tile,Plank
  • Finished area below ground: 0
  • Finished area above ground: 2,100

Heating & Cooling

  • Heating features: Heat Pump,Hot Water,Radiant,Radiator
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,100
  • Total interior livable area: 2,100 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: BELFM036L104
  • Zoning: Residential 1
  • Other equipment: Generator,Internet Access Available

Features

  • Patio & porch: Deck
  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Belfast Bay
  • Frontage length: Waterfrontage: 66,Waterfrontage Owned: 66

Lot

  • Lot size: 7,840 sqft
  • Features: City Lot,Neighborhood,Open Lot,Landscaped

Parking

  • Total spaces: 1
  • Parking features: Other,1 - 4 Spaces,Heated Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Winter Weather
    Winter WeatherVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Winter Weather
Coastal Flooding
Cold Wave
Lightning
Hurricane
Strong Wind
Tsunami

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,860$118,320
Home Insurance $746$8,952
Property Taxes $2,337$28,044
Electricity $305$3,663
Total$13,248$158,976

Income You'd Need if You Spent...

35% on housing$454,217/yr
40% on housing$397,440/yr
45% on housing$353,280/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.1%
12.1%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$929This listing

vs Other Active Listings

Avg $/sqft

ZIP 04915$201
Waldo County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 04915
Waldo County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-17Listed for sale$1,950,000
2025-11-03Listing removed$1,950,000
2025-06-10Listed for sale$1,950,000
2023-06-16Sold$1,500,000

For Sale by Agent

AgentBecky Johns
BrokeragePortside Real Estate Group

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